arity Registration No. 1132114 CLAPTON PARK UNrrED REFORMED CHURCH TRusfEES' REPORT AND FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2024 CLAPTON PARK UNrrED REFORMED CHURCH CONTENTS OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Charity Infomiation Report of the Trustees Report of the Independent Examiner io statement of Financial Activ￿[eS li Balance Sheet 12 Note5 to the Finanoal Statements 13-20 CLAPTON PARK UNrrED REFORMED CHURCH CHARITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024 TRUSTEES: Hannah Henderson (Chair) Abigall Klngston Lynda MacInnes Rachel Tumer Annabelle Burns (apFointed 10 February 2025) PRINCIPAL OFFICE: Round Chapel, Old School Rooms Clapton Park United Reformed Church 2 Powerscroft Road London E5 OPU REGISTERED CHARrrY NUMBEIL. 1132114 XNDEPENDENT EXAMINER: Marcus Cridland B.A.{Hon5) F.C.A. Scott Vevers Ltd artered Accountsnts Registered Auditors 65 East Street Bridport DO￿et DT6 3LB BANKERS: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ CLAwfoN PARK UNtrED REFORMED CHURCH REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their report togdher with the flnanaal statements of the charity for the year ended 31 December 2024. The accounts have been prepared in accordance with accounting pjllcies set out in note I to the accounts and CoM￿Y with the charivs governlng document, applicable law and Accounting and Reporting lry Charities: Statement of Recommended practi￿ applica￿e to charities preparing their accounts in accordan￿ with the Financial Rewrting Standard applicable In the UK and Republic of Ireland (FRS 102). Who we are and what we do We are a vibrant church in the heart of Hackney, East London, affiliated to the United Reformed Church of England and Wales. Operating from the Old School Rooms of the Round Chapel, we run a day nursery and range of dynamic projects that aim to connect our neighbourhood and address the needs of our communty. Our Charitable Objects The advancement of the Christian faith for the berrfit of the public in a(X0rdan￿ wlth the Scheme of Union of the United Refonned Church. Activities, Athievements and Perforniance Durlng the Year When planning activities for the year, the trustees have considered the Commission's guidance on public benefit. Clapton Park United Reformed Church (CPURC) (also known as the Round Chapel, Old School Rooms) is an active and vibrant thurch and community ￿ntre in the heart of Hackney, East London. The congregation meets on Sundays, and for other events In the extensive premises at 2 Powerscroft Road. We open up our buildlng seven days a week to serve tke local community, offering a pla￿ of worship, a safe Spa￿ for children and families to play and be supported, a pla￿ for the homeless and those livlng In vulnerable housing situations to receive help and practical support, a space for wple to work, to be treative arml to engage with k)cal peopte tsckling some of the issues that the communty fa￿. The buildlng Is also used and rented out to a range of community groups and organisations and Offi￿ Spa￿ is leased by local people and organisations. The Churth The congwatr'on is a small Ilvely, friendly, diverse, welcomirrfJ community with famllles making up a consideratle FErcentsge that meet on a Sunday where a congregation of bet￿een 20 and 40 people gather together. The Majority of the congregation are either adults of a working age, children or young people. Pe)ple's jobs indude teaching, nursery workers, videD- makn.ngi school as5i5tants, Quaker Pea￿ and Justi￿, joumali5m, community devdopmen¢ social work and much else. Our Servi￿ include all-age worship, Hdy Communion and a variety of other creative and innovative ways of expressing and practising spirituality and faith that is inclusive and open to all. We currently are still in a period without a Minister and 50 the congregation take it in tums to lead worship. Open Mic services and discussion servi￿, led by memtrErs of the congregation are a regular part of our seN1￿. Many of our congregation are inVo￿ed in Volunt￿ring with the varlous projects that are run; Stay & Play, Urban Table meal and WellbarYJ aub. CLAPTON PARK UNrrED REFORMED CHURCH REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2024 Church Youth The church youth group meet once a fortnight after s(*Trool on a Friday. Spending time together, sharing a meal, going on picnis sharing concems and curiosities while b￿ng SUPWrted by an adult member of the church. This group creates a space for them to build strong connectiors with each other. The discussions are wide and led by the youth often invofving school life and S¢xial I￿ueS. The youth also attend the Greenbelt Festival with thar families and attend an annual youth weekend away hosted in the home of a fomier minister. Both trips allow the relat￿nshi￿6 of the younger rn￿nber5 of the congregation to d*pen through shared experie[￿e. The Youth Group also work together to lead S8vI￿ a year for the whole congregation. It is a pjsitive and dynamic group and enriches the life of the whole churth. Premlses The church building at the Old School Ro)ms is rented by a wide range of local communlty groups and local social impart businesses and artists. In 2024 LB Hackney funded a full ￿ergY assessment of our church buildlng through their Hackney Light & Power Fund. The Manse in Powerscroft Road, ￿1th previously housed our mlnlster and familyi contlnugj to rent8J out to the Hackney Doorways Women's project as a Shelt￿ for homeless women. Nursery Our community nursery continue5 to be a wam, welcoming, and nurbjring Spa￿ where children and families thrive. Every day is filled with leaming, creatiwty, and COnn￿tion. Each moming begins with a dropin breakfast. This simple yet meaningfijl routine f05ters a sense of beloroing and ensu￿ every child is ready to engage in the day ahead. We have fijlly embraced the Sollhull Approach, an eVithC￿Sed prcMJramme supporbng the rn￿￿1 health and emotlonal welltEing of chlldren arKi their parentslcarers. The approach focu5es on 5upporknng a secure relationship with children, a relatr)nship that wll promote healthy braln devdopment and ki)sitive emotlonal wellbeing. Through Sr£ech and Language TrainirKJ, we have adopted the'watch, Wait, and Communicate, method, enhancing our ability to engage meaningfully with children with add￿onal needs. This has transformaj the way we enter their wodd, fostering de4Er communication and interaLtsn. Our partiapation in the Early Years CL)nversatlon Project In partnership with Durham University marks the l￿ginn1r￿ of a Im-year programm< to enhan￿ early education wactitrs. Community Programme CPURC continue5 to dwelop its communty prc¥Jramme, with a strategic focus on working local families and p￿pIe who are homeltss or INlng in vulnerable housing situations or at risk of soaal isolation. Our community programme includes Urban TaLle, Wellbeing aub, Stay & Play, Ail Ages Thursday, and Kitchen aub. CLAPTON PARK UNrrED REFORMED CHURCH REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2024 Urban Table ttjrned 19 years old in November 2024. An average of 60 guests come for lunth eath week. Many guests have been coming for years and hugely enjoy the companionship, food arKI donatiors. New p8Jple arrive reguL3rly. Urban Table has teams of amaang volunteers who take tums each week. Across the rnonth ¢10+ volunteers make the mea15 happen with the OPp￿Jnty for the guests to support t￿. Our volunteers are dedicated and experfenced and give Joyously of their time - shopping and cookj'ng and hosting and welcoming peO￿e every week. New people frequently volunteer and our lead volUnt￿rS work closety with them to brlng them into the team. We are incredibly grateful to all volunteers and for the sUPPOrt of our local community their generous individual donab'ons thrO￿h our annual Just Giving campaign. One donation towards the end of year took our breath away in Its unsurpassed generosity! Thls year we also recaved generous donatior￿ of morw and fryjd from the congregation of St J￿￿e'S Catholic Church on Blurton Road nearby in HadJ and conflicts of interest were raised and dr￿UMented as appropriate at eth meeting. Related Partles The charity Is afflliated to Tr Unlted Refonned Church In England arKI Wales and is part of the Thames W4)rth Synod. STATEMENT OF TRusfEES' RESPONSIBILrnES The trust￿$ are required under Charity law to Pre￿re financial statements for each finanaal year which give a trrne and fair view of the state of affai￿ of the tharity and of the finanaal activitses of the tharity for that ￿riod. In preparing those financial strdtements, the trust are required to selett suitsble accountiThJ wliaes and then apply them consistentlyi observe the methods and principles in the tharities SORP. make judgements and estimates that are reasonable and prudent; stste whether applicable accounting standards have treen followed, subject to ary material departures dlsclosed and explained in the financial 5tstements; and prepare the finanaal ststements on the going conwn basis unless It Is Inappropriate to pregjme that the charity will contlnue in buslness. The trust￿5 are reswnslbte for keeptng proper accountlng records whith disclose reasonable acojracy at any time the financial p￿Ition of the charity and to enable them to sure that the financial statements comEly with apE4icable laws and regulations. They are also reSponsi￿e for ensuring that the charity maintains an adequate system of internal control designed to provide reasonable assuran￿ that assets are safeguarded agalr6t loss or unauthorised use and to prevent and detett fraud and other irregularitr'es. The annual report was apFroved by the trustees of the charity on 12 May 2025 and signed on ts behalf by: Ms Hannah Hender50n Chair of Trust INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CLAPTON PARK UNrrED REFORMED CHURCH I retX)rt to the trust￿5 on my examination of the accounts of aapton Pat* United Refomied Church for the year ended 31 December 2024, which are set out on pages 11 to 20. Rtsponslblllties and basis of report As the tharitys trustees you are resporsltAe for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 Cthe PLf). I rep￿ in respett of my examinatK)n of the Charity's accounts carried out under section 145 of the Act and in carying out my examination I have followed all the aP￿Icable DI￿tionS given by the Charlty Commisslon under section 145(5)(b) of the P£t. Independent examlnerfs statement sin￿ the charfty's gross income exceeded £250,000 your examlner must be a member of a bjdy listed in sLrknon 145 of the Att. I confimi that l arn qualified to undertake the examination because I am a M￿nber of the Institute of ttk2rtered Accountsnts in Englanrfj and Wales, which is one of the Ilsted tr￿les. I have corn￿eted my examination. I confirm that m materfal matters have come to my attentlon in connection with the examination givlng me cause to belleve that in ary material respect: unting records were not kept in respect of the Charity as required by sethon 130 of the Act; or The accounts do not accord those recorts,. or The accounts do not comply with the applicable requir￿nents concerning the form and content of accounts set out in the Charits'es (Accounts and Reports) Regulatlons 2008 other than any requirement that the accounts give a knje and fair view, whlch Is not a matter considered as part of an independent examination. I have no concerns and ￿e come across no other matters in connection with the examination to which attention sh)uld be drawn in thls report in onÈr to enable a proper understanding of the accounts to be reached. Marojs Cridland B.￿(Hon$) F.C.A. Scott Vevers Ltd thartered Accountsnts and Registered Audltors 65 East Street Bridport Dorset DT6 3LB Date: CLAPTON PARK UNrrED REFORMED CHURCH STATEMEKf OF FINANCIAL ACTivrrIES (INCORPORAnNG AN INCOME AND EXPENDrruRE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrkted Restrirted funds funds 2024 2023 Notss Income from: Income from generated lunds: Donations and grants Income from charitable activities InveslJnent income 29,344 221,124 545 137,879 95,840 167,223 316,964 545 189,936 281,815 334 Total Income 251013 233 719 484 732 472 085 xpenditure on: Gifts made in fiJrtheran￿ of the tharitsble objects Charltable activltles 25,000 25,000 25,000 202,393 227 393 238,958 238 958 441,351 402,593 427 593 Total expenditure Net gains l (losses) on investments 15,932 Net income l (expenditure) lor the year 23,620 (5,239) 18,381 60,424 Transfers bth*n funds 14 (2,745) 20,875 2,745 (2,494) Net movement In funds 18,381 60,424 Reconciliation of funds Total funds at l January 2024 Total funds at 31 December 2024 210,473 231348 52,176 262,649 281030 202,225 262,649 JI amounts derive from continuing attivlties. AJI gains and losses reccrfJnised In the period are induded in the statement of fina￿la1 actlvlties. The notes on pages 13 to 20 form part of these fina￿[al statements li CLAPTON PARK UNrrED REFORMED CHURCH BALANCE SHEEr AS AT 31 DECEMBER 2024 Notss 2024 2023 Fixed Assets Tangible assets io 10,655 12,487 Current assets Debtors Cash at bank and in hand li 17,824 284,716 302,540 12,951 268,380 281,331 Creditors: Amounts falling due within one year 12 (28,765) (25,369) Net current assets 273,775 255,962 Credltors: Amounts falling due after one year 13 (3,400) (5,800) Net assets 281030 The funds of the charlty: Restrirted income funds 14 49,682 52,176 Unrestrlcted Income funds: 14 231,348 210,473 Total charlty funds 281030 262,649 The financlal statements were approved by the Trustees on 12 May 2025. Ms Hannah Henderson - Chair of Trustees The notes on pages 13 to 20 fomi part of these financial ststements 12 CLAiYfoN PARK UNITED REFORMED CHURCH NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 General inforniation aapton Park United Refonned Church is a registered charity govemed by busts distilled from The United Reformed Church Acts of Parliament (1972 and 1982) and The Scheme of Union (1972). The addre￿ of the prlnclpal office and detsils of the charity s operations are provlded in the Rep)rt of the Trustees. Accounting policies The principal accounting policies adopted, judgements and key sources of estSmation uncertainty in the preparats'on of the financlal statements are as follows: statement of compliance and basis of prepardtlon The charity constitutes a publlc benefit entity as defined by FRS 102. The financial statements are p￿pared under the historical cost convenb'on and in accordan￿ with Accounting and Reporb'ng by Charlties.. Statement of Recommended Practi￿ applicable to charftles preparing thar accounts in accordance with Finanaal Reporting standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP (FRS 102). Advantage has been tsken of the exempoon under FRS 102 IA for smaller charib'es not to prepare a statement of cash flows. Accountlng conventlon The flnandal ststements have been prepared on 3 going concem basis as the trustees believe that no material un￿rtaIn￿e5 extst. The trustees have considered the level of funds held and the expected level of income and expendlture for 12 months from authorlslng these financial statements. The budgeted income and expenditure is suffiaent with the level of reserves for the charity to be able to continue as a going COn￿M. Income Donatlons and grant Income are accounted for on a receipts bass. All other Income is accounted for on an accruals basls. Donated assets and savlces are Included at thelr estimated open market valuation. Expenditure The church makes glfts to other organlsatlons whose charitable objects complement its work They are accounted for in the year In whlch they are pald. Expenditure is induded when incurred. Costs which are Idents'fied as relating to re5tritted proietts are allocated directly to those activities. Costs wlhich relate to the general running of the church are allocated against unrestrlcted fijnds, arKi within the statement of financlal activities these expenses are S￿￿n as charitsble actiwties, support costs and govemance costs. Governan￿ costs are those relatlng to the charlvs complian with constitutional and statutory requlranents. Unrestricted funds Unrestritted funds are tho* whlth are not subjett to any speoal restrictions and they can be used as the Trustees decide. Designated funds are part of unrestricted funds and are amounts the Trust￿ have Set aside to cover particular expenditure. Restricted funds Restricted funds are funds subject to speafic condluons Imposed by donors as to how they may be used. Expenditure which meets these criteria is allocated to the rejevant fund. Fixed assets and depreclation When separately identifiable assets cosung more than £500 are purchased by the charity, they are i￿]uded in fixed assets and depreciated over their expetted useful lives. Depreciation is calculated a5 follows:_ Equlpment 12.5%120% straight line Pensions The charity operates a defined contribution pension scheme. Contributions are charged In the statement of ftnancial acuwtses as they become payable in accordan￿ with the rules of the scheme. 13 CLAFfoN PARK UNrrED REFORMED CHURCH NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policles (continued) Financial instruments Classlficatlon Financial a55ets and finanaal liabilities are recognised when the charity becomes a paty to the contractual prowsions of the instrument. Financial liabilities and equity instruments are da￿lfied according to the Substan￿ of the contractual arrangement ente￿d into. An equity instrument is any contratt that evldences a residual interest in the assets of the charity after ijeducting all of Its Ilabllities. RecGgnltson andmeasurenwt All financial assets and liabilities are inltially measured at transaction Pri￿ (induding tr3nsathon costs), except for those financial assets dassified as at fair value through profit or loss, whlch are Inltially measured at fair value (which Is normally the transaction price excluding transactron costs), unless the arrangement constitutes a financing transaction5. If an arrangement cor6titutes a finanang transactton, the financial asset or financial Ilability is measured at the present value of the future payments discounted at a market rate of interest for slmilar debt instruments. Flnanclal assets and Ilabllltfes are only offset In the statement of financial positlon when, and only when there exists a legally enforceable rlght to set off the recognised amounts and the charlty intends elther to setde on a net basis, or to realise the asset and setde the liabillty simultsneously. Financlal assets are derecognised when and only when a) the contractual rights to the cash flows from the financlal asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financlal asset, or c) the charfty, despite hawng retained some, but not all, slgnificant rtsks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, Can￿lled or expires. Donations and slmilar Income Unrestrlcted funds Restricted funds Total 2024 Total 2023 Offerfngs and donatfons Community projects fundraising Grants received 29,344 13,694 17,793 106 392 137 879 43,038 17,793 106 392 167 223 35,880 29,598 124 458 189 936 29,344 Income from charitable activities Unrestrlcted Restrlcted funds funds Total 2024 Total 2023 Nursery fee5 LettlrKJS 87,184 133 940 221,124 95,840 183,024 133,940 167,043 114,772 281815 95,840 Glfts made in furtherance of the charitable objects Unrestricted fijnds Restrlcted funds Total 2024 Total 2023 Minlsty and Mission - URC Trust 25,000 25,000 14 CLAPTON PARK UNITED REFORMED CHURCH NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Expenditure on charitable activities Unrestricted nds Restrltted nds Total 2024 Total 2023 staff costs DireLt costs Support costs Govemance costs 80,510 108,056 12,327 205,336 29,893 3,729 285,846 137,949 16,056 237,308 148,384 12,587 202 393 238,958 Stsff costs: Nursery salaries Church and community projects salaries Freelance workers Payroll services Training 40,527 34,662 3,470 1,609 242 95,840 68,266 41,230 136,367 102,928 44,700 1,609 242 285,846 127,381 107,898 1,766 263 237 308 205 336 Dlrect costs.. Nursery equipment and supplies Family support and other project costs Church weekend Meeting and worship expenses Bad debt provision Utllltie5 aeaning and refuse Property maintenance Equipment and furnishlngs Depreciation Insurance 28,484 28,484 28,077 2,692 164 834 17,445 27,626 21,346 2,125 3,415 29,195 65,927 2,730 72 572 12,120 20,966 8,618 569 2,477 5,138 28,077 2,692 164 834 16,779 27,626 20,196 2,125 3,415 666 1,150 108 056 137 949 Support costs: and computer costs other Offl￿ costs 4,886 4,886 3,154 Govemance costs: Independent examiner's fees 1,500 15 CLAPTON PARK UNrrED REFORMED CHURCH NOTES TO THE FINANCIAL sfATEMEMrs FOR THE YEAR ENDED 31 DECEMBER 2024 Employee costs No remUnera￿On or expenses were paid to trustees in the year (2023: £nil). The costs of the remaining stsff were: 2024 2023 Wages and salaries Social seajrity costs Pension costs 224,670 7,261 225,840 7,414 239,544 236.061 No employee eamed more than £60,000 during the period. The average number of stsff employed by the charity duriro the year analysed by funttton was: 2024 No 2023 No Nursery and community proJerts Management and administration Average full time equivalent number of stsff employed Average number of stsff employed (headcount) 5.74 1.65 7.39 5.66 1.95 7.61 Penslon scheme The charity operates a defined contn'bution pension scheme. The assets of the scheme are administered by trustees In a fund independent from those of the charity. The pension cost charge for the year represents contiibutions payable by the charlty to the scherne and amounted to £7,613 (2023: £2,807). At the balan￿ sheet date contributions of £4,704 (2023., £nll) were due to the fund and are included In creditors. Net Income l (expendlture) for the year This is ststed after charglng: 2024 2023 (Profit) I loss on disposal of invethents Depreciation of tsngible fixed assets Independent examiner's remuneration (15,932) 2,477 4,314 3,415 16 CLAiYfoN PARK UNITED REFORMED CHURCH NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 10 Tanglble fixed assets Equipment TOtsI Cost At l January 2024 Additlons At 31 December 2024 70,043 1,583 70,043 Depreaation At l January 2024 Charge for the year At 31 December 2024 57,556 57,556 60,971 Net book value At 31 D￿mber 2024 10,655 At 31 Decembw 2023 The URC Thames North Trust att as holdlng Trustees for The Round Chapel (Jd School Rooms and 16 Powerscroft Road but the Charity has the right to occupy the properties and retain any income gained from their use. 11 Debtors 2024 2023 Letknngs income receivable Other debtors and prepayments 2,641 7,260 12 Credltors: amounts falling due within one year 2024 2023 Operational creditors Social securlty and other taxes Deposlts and Income re￿IVed In advan Accrued expenses and other ueditors 6,610 2,565 11,120 8,470 8,750 2,767 4,803 9,049 13 Creditors: amounts falling due after one year 2024 2023 other loans 17 CLAFfoN PARK UNrrED REFORMED CHURCH NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 14 Funds Balan￿ at l January 2024 Balan￿ at 31 December 2024 IncomirKJ reSoUr￿S Resour expended Fund Transfers Gains I (losses) Restricted Community projects London Borough of Hackney - Communlty Infrastructure Grant 1,071 20,342 (20,680) 259 992 4,950 19,800 (19,805) 4,950 London Borough of Hackney - Household Support Fund Vintners Foundauon Listed Pla￿5 of Worship Dorsett Trust National Lottery Community Fund (ljl Ages) Thames North Synod Bupa Foundation Community Health Champion Nursery grants 10,000 (9,333) 667 3,000 {1,500) 1,500 1,129 (1,129) 1,500 4,000 (3,000) 2,500 4,655 58,978 (68,411) 51 35,273 16,830 1,800 2,000 (19,260) 2,430 1,800 2,000 95,840 233,719 (95,840) (238,958) 52,176 2,745 49,682 Unrestricted Designated funds: Kitchen refurbishment 25,000 25,OiJO General funds 210 473 210,473 262,649 251013 251,013 484 732 227 393 (227,393) (2,745) 231,348 281,030 Totsl funds 18 CLAPTON PARK UNThED REFORMED CHURCH NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 14 Funds (continued) 8alantr at l January 2023 Balan￿ at 31 De￿rnber 2023 Incoming re50urtrs Re￿￿r Gains/ (losses) Transfers Communityprojetts CongreoationalLife London Borough of Hackney. Community InfrastnKture Grant 86 16,401 2,266 (15 416) (2,851) 1,071 19,800 (14,850) 4,950 London Borough of Hackney. Household SupportFund London Borough of Hackney- Wam7 Spaces 2023 (5,000) (2,000) 5,000 1,470 Hackney Public Health DO￿ett Trust National Loltsry Commurn'ty Fund (All Ages) 777ames North Synod Hackney Parothial (1,470) (5,aOO) 1,500 27,850 (60,037) 44,655 22,043 (22,043) (2,961) 2,961 East End Communlty Foundabon Nurserygrants (1,000) (53,449) 209 771 585 De&s7natedfunds.' Investr￿t va/u3tion 59.360 [59,360) General fvnds 262314 262,314 472 085 210,473 2JO,473 169,328 202,225 (236 516) 427593 (585) 15,932 Totalfunds 19 CLAPTON PARK UNrrED REFORMED CHURCH NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 15 Analysi5 of net assets between funds Unrestricted funds Restricted funds Total funds Fixed Assets Current Assets Credltors: amounts falling due within one year Creditors: amounts falling due after one year 10,655 252,858 (28,765) 3,400 231,348 10,655 302,540 (28,765) 49,682 281030 2023 12,487 229,155 (25,369) 12,487 281.331 (25,369) CurrentAssets Creditors.. amounts falling due ￿thIn one year credIt￿.. amounts falling due after one year 52,176 52,176 262,649 16 Financial instruments Categorisation of financial Instnjments 2024 2023 Financlal assets that are debt Instrument rnea￿red at arno￿ed cost 280 347 Financlal liabilities measured at amortised cost Items of incom& expensei galns or losses The totsl Interest income for financlal assets not measured at falr value through profit or loss is £545 (2023: £334). 17 Related party transactlons During the year, one trustee, Hannah Henderson was paid on a temporary consultsnry basis from the charity when she stepped in to support our Cent￿ manager Michelle Baker in overseeing the day-to-day management of the premlses. In line with the goveming document Hannah abstalned from any trustee decision making relating to her remuneration for this work. 20